But imputed income is not entirely exempt from federal income taxes. Employees may require an imputed income payroll adjustment. Employees can opt for federal income tax withholding on their imputed income or pay the requisite dues when they file their federal income tax return.
The stars represent the states in the union, currently ten rows of five stars equaling 50 states. even though America was splitting from mother England, the red white and blue colors represent an enduring tie to the colors of the United Kingdom's own red white and blue.
Quick Answer. The 13 stripes on the American flag represent the original 13 colonies, and the 50 stars represent the number of states in the Union. Originally, both were meant to represent American states, but since 1818, the number of stripes has been standardized at 13. Continue Reading.